LOS ANGELES (CBSLA.com) — Downtown Los Angeles has become a destination all its own as it’s home to L.A. Live, Staples Center and five-star accommodations rivaling New York City.

“The landscape of downtown has completely changed over the past few years, and it really has started with L.A. Live,” says Mauricio Umansky, the founder and CEO of Beverly Hills-based real estate firm The Agency.

At the heart of it all are the Ritz-Carlton residences with 24 floors of sleek, luxury living.